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"/decks/019dd923-622b-71dc-a6da-310c35407291#slide-20", "loopMatches": [ { "to": 20, "from": 10, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "b98b7db6-3213-43a2-9428-f1741931956e", "evidence": "The document highlights the undervaluation of News Corp's businesses and the potential value creation opportunity", "position": 0, "objective": "What is the cost of inaction for News Corp's undervalued businesses?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-310c35407291", "docSlug": "ee0278e9c6e3", "documentTitle": "News Corporation (NWSA)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", 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null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6dc-16af66021cc8", "docSlug": "17d128ed7fca", "documentTitle": "Agrium (AGU)", "authorId": "13_JANA_Partners", "authorName": "Agrium", "documentKindSlug": "regulatory-filing", "documentKindLabel": "Regulatory filing", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-02-19 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 4, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a sum-of-the-parts (SOTP) valuation to argue against a corporate breakup, highlighting the 'Retail' segment's implied premium.", "imagePath": null, "matchCount": 1, "evidence": "Retail is worth more as a part of Agrium and receives approximately a 9x multiple within Agrium", "slideHref": "/slides/019dd923-622b-71dc-a6dc-16af66021cc8/4", "deckHref": "/decks/019dd923-622b-71dc-a6dc-16af66021cc8", 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1, "evidence": "We see $19bn of trapped value relative to sum-of-the-parts value of its assets", "slideHref": "/slides/019dd923-622b-71dc-a6dc-4685d052e00b/9", "deckHref": "/decks/019dd923-622b-71dc-a6dc-4685d052e00b", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-4685d052e00b#slide-9", "loopMatches": [], "arcBeatMatches": [ { "to": 15, "from": 8, "beatId": "0ef39fe5-5b18-4d4d-8468-55e888e5da41", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "The deck presents a clear problem statement and exposes contradictions in Phillips 66's performance and leadership", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6da-48381ed99850", "docSlug": "da3c4d23871a", "documentTitle": "Multiple (GoDaddy, News Corp, Fortrea) (GDDY, NWSA, 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